Nearly half, or 49 percent, of Red Hat Enterprise Linux customers have either incorporated Internet of Things (IoT) projects in their organization or plan to by 2016, according to new research from TechValidate. The findings highlight IoT’s importance among companies—especially since industry experts estimate the IoT market could be worth trillions of dollars in 10 years.
You heard that right: trillions. A new report from McKinsey & Company’s Global Institute estimates IoT offers a potential economic impact of between $4 trillion and $11 trillion by 2025. Sectors with the highest potential include factories, which can use IoT for operations management or predictive maintenance and cities, which can use IoT for public safety and health, traffic control and resource management, according to the report.
In an effort to be ready for and take advantage of IoT (which relies on wireless and mobile technologies for communication), plenty of organizations are looking to fill mobile positions this year. In the TechValidate survey, 32 percent said they are looking to hire people this year with skills in mobility for user interfaces (UI) and user experience (UX) while 27 percent plan to hire people with back-end integration skills for their mobility efforts. Other skills include DevOps for mobile (15 percent), experience with IoT (13 percent), mobile project management (9 percent) and wearables (3 percent).
Few organizations are prototyping or coding for IoT initiatives this year (4 percent and 2 percent, respectively) and about half, or 53 percent said they have no IoT projects scheduled in 2015. But 23 percent are exploring IoT, 13 percent are experimenting with it, and 6 percent are actually in the design stages this year.
These statistics were derived from a larger TechValidate survey of more than 3,000 global Red Hat customers that was commissioned by Red Hat. TechValidate is an independent research company that interfaces with business and technology end users to collect and validate information about their deployments.
Has your organization started IoT projects yet? If not, when do you expect to? Let us know in the comments section below.